Group: Ipernity Members Association Project


Progress of the project / Avancement du projet


Eric Desjours
By A Eric Desjours club
27 Jan 2017 - 15 comments - 4 182 visits- Permalink   |   Translate title into English

This thread provides periodic information regarding the progress of the successive steps of the project.

Ce fil dispense des informations périodiques relatives à l'état d'avancement des étapes successives du projet.

We wish to observe a total transparency, which is the only guarantor of your confidence in us. We will not forget to mention the difficulties encountered during the implementation of the project, so that the most experienced members can share their suggestions through the thread "Suggestions for the project setting up".

Nous souhaitons respecter une transparence totale, seul gage de la confiance que vous nous témoignez. Nous ne manquerons pas de mentionner les difficultés rencontrées lors de la mise en place du projet, de façon à ce que les membres les plus expérimentés puissent nous faire part de leurs suggestions à travers le fil de discussion "Suggestions relatives à la mise en place du projet".

The topic of this discussion has been edited by Eric Desjours 12 months ago.

Comments
 William Sutherland
William Sutherland club
11/03/2017: Ipernity Members Association is now official. The official declaration of IMA was published this morning in Journal Officiel!

7 years ago. Edited 7 years ago.
 William Sutherland
William Sutherland club
13/03/2017: The CrowdFunding campaign as officially begun. Even though the goal is listed at $25,000, we need approximately $30,000. If people honor their survey commitments, we should realize this.

We have approximately 2 weeks to achieve this goal. Even though it is a short time frame, it is achievable if everyone acts with urgency. I just made my own contribution and doubled what I had said I would offer in the survey so that the crowdfunding campaign begins with a good start.

The hyperlink for making donations is:

www.generosity.com/community-fundraising/ipernity-members-association-a-non-profit-entity/x/16237256

Please note, Indiegogo decides the method of payment.

These next two weeks will be the most critical and decisive. Starting tomorrow, IMA will provide daily updates as to the progress of the crowdfunding campaign.

Thank you for your support for this worthy cause to keep this unique and great site alive.
7 years ago.
 William Sutherland
William Sutherland club
Preliminary but not finalized agreement:

IMA will purchase the platform for a symbolic 1€ or a sum between 1€ and 10,000€ to cover March and April 2017 hosting costs covered solely by crowdfunding revenue.

Ipernity S.A. will ask for additional compensation up to 100,000€, the estimated value of the platform (less the symbolic purchase price and hosting costs) with the understanding this may not be possible. Costs would be spread out over 10 years with no obligation in years 1-3 (2017-2019). Afterwards, IMA would only make a payment if the portion of excess revenues over expenses exceeds six months working capital (estimated 33,000€). In any year this does not occur, such payment would not be made. Thus the obligation would diminish over time and expire in 10 years (even if no payments were made) even though IMA would make its best effort to compensation Ipernity S.A for the maximum amount.

Platform and other operating expenses deemed essential by IMA (that may include but is not limited to platform maintenance, platform upgrades, conversion to https protocol, marketing and advertising, and goodwill) would always take priority and membership dues would not be raised to enhance payments to Ipernity S.A.

Any future crowdfunding revenue would be held solely to meet unexpected or unanticipated platform operating expenses and shortfalls. Thus the actual cost will likely be 10,000€ based on market dynamics and the nature of photo-sharing sites like Ipernity since "for-profit" models have proven impractical.

Ipernity S.A. will transfer the platform to IMA some time in April 2017.

IMA will have unrestricted, exclusive use of the platform free of third party rights.
IMA reserves the right to operate, maintain and/or upgrade the platform.

Upon transfer of the platform, Ipernity S.A. agrees to provide IMA with all documentation and useful information as to its operation, its source code and administrative privileges and passwords to operate, maintain and/or upgrade the platform

In the event IMA ceases to exist or dissolves before 10 years, sales proceeds if any would be forwarded to the historical shareholders.

None of the founders and/or officers of IMA nor members of the Ipernity platform will have any personal liability to Ipernity S.A. and/or its historical shareholders.

Note: As the agreement is not finalized, please be aware that some things may be added, others deleted and some things may be changed or revised. This is only posted to provide a rough outline of where things stand and the outline of negotiations that from IMA's part always pursues the best interests of the membership.
7 years ago. Edited 7 years ago.
 William Sutherland
William Sutherland club
23 March 2017: Sami Serola is the newest founder of IMA. All of us at IMA extends a warm welcome!
7 years ago.

This discussion has been closed by William Sutherland.